Data is the most valuable business asset, so it has always been in the crosshairs of thieves and competitors. Using physical storage has long been outdated: it’s inconvenient, insecure, inefficient, takes up too much space, and costs too much. They have been replaced by virtual storage, which is much more efficient, simpler, and economical. However, the Internet space is also dangerous, with hackers regularly looking for weaknesses in a company’s security infrastructures to attack and steal valuable data. Therefore, it is important to have not just a cloud space but a secure storage space.
Data theft and loss protection
A cyberattack and data breach is far from a new threat, but it is one of the most serious. Data leakage threatens companies with bankruptcy and reputational damage, so don’t let it happen. Before you move your data to the cloud, you should ensure it has strong security in physical access to systems and cyberspace. A virtual data room is one of the most secure ways to store sensitive data in an online space. These solutions are licensed to handle sensitive documents and secure physical databases. In addition, VDR offers data encryption, dual authentication, and detailed regulation of the level of other users’ access to the paper. Together, all of these features provide high security against data leakage.
Availability and Backup
Secure cloud storage provides you with backups. However, storing all your data on one server or in one instance is dangerous. You will be left with nothing if a system failure or another reason damages your information. With cloud storage, you don’t have to worry about this scenario because space automatically backs up your data for you. Clouds are backed up on multiple servers, so if one server goes down, the last saved versions of your data will be stored in other spaces.
In addition, cloud spaces can be accessed from any device and operating system. You can log in to the room whenever you want to solve some problem and still not slow down performance.
Saves money
Cloud storage is not only secure and convenient, but it’s also practical. It takes too many resources to buy and maintain a server, which may not be profitable for companies on a tight budget. Cloud storage can help you save significant money since you don’t need a large team of IT professionals to keep the space up and to run. It also makes your business greener because you’re not wasting paper to create documents. Cloud space services are priced differently based on many criteria, so you can find something that suits your needs.
It makes file sharing easier
Sharing confidential documents through an unreliable space like email is slowly becoming a thing of the past, as users have become aware of this method’s risks and drawbacks. It’s slow, inconvenient, and requires bandwidth. At the same time, you can exchange files simply by sending a link to cloud storage. In that case, you won’t need to sync your devices because all the data is available from one centralized space. Some cloud spaces, such as virtual data rooms, also offer users the ability to work together in real-time. Multiple people can work simultaneously on the same project, which is ideal for streamlining staff management, project management and increasing your productivity as a company.